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to pay it on domestic profits, they have to pay it on foreign profits, minus whatever they're paying locally and just, and there are several other policies we're not allowed to get into this now, not enough time, it ought tbe about making american business more competitive and exporting and increasing our advanced manufacturing or exporting. >> brenda: toby, is this going to increase jobs in the short-term? we're all looking long-term, even getting this whole tax code simplified would take forever. >> well, it would if we did two things. remember, we have this bizarre tax system that we started in the 19th century that taxes me as a company on money that i've made overseas twice. that makes no sense. we're the only country in the modern world and the stone age that continues to do that. and we also happen to be the only country in the world where you can deduct mortgage interest from your home. the only country in the world. canada, a few paces away from here has never done it, they have a much healthier home system. and we also can't deduct-- excuse me, a business and a person who g
Search Results 0 to 3 of about 4 (some duplicates have been removed)